Identify and explain control risk factors that are present in the inventory cycle at SHINY thatcould impact existence, cutoff, and valuation of inventory at SHINY.

Identify and explain control risk factors that are present in the inventory cycle at SHINY thatcould impact existence, cutoff, and valuation of inventory at SHINY. For each control risk,provide an internal control that would prevent that risk from occurring. Using the table provided below to structure answer.